Comstock Mining Inc (LODE) Sees Large Growth in Short Interest
Comstock Mining Inc (NYSE:LODE) saw a significant increase in short interest during the month of September. As of September 29th, there was short interest totalling 3,034,399 shares, an increase of 7.8% from the September 15th total of 2,813,889 shares. Based on an average daily trading volume, of 2,022,316 shares, the short-interest ratio is currently 1.5 days. Currently, 1.9% of the company’s stock are sold short.
Shares of Comstock Mining (NYSE LODE) traded down 1.9934% on Tuesday, hitting $0.1475. The company had a trading volume of 1,684,183 shares. Comstock Mining has a 52 week low of $0.13 and a 52 week high of $0.36. The stock’s market capitalization is $30.98 million. The firm’s 50 day moving average price is $0.17 and its 200-day moving average price is $0.18.
Comstock Mining (NYSE:LODE) last posted its quarterly earnings data on Tuesday, August 1st. The mining company reported ($0.02) earnings per share for the quarter. Comstock Mining had a negative net margin of 10,715.09% and a negative return on equity of 98.83%. The company had revenue of $0.03 million for the quarter. Analysts forecast that Comstock Mining will post ($0.07) earnings per share for the current fiscal year.
Comstock Mining Company Profile
Comstock Mining Inc is a gold and silver mining company. The Company holds properties in the Comstock and Silver City mining districts (collectively, the Comstock District). The Company’s segments include mining and real estate. The mining segment consists of the Company’s activities and expenditures associated with mining.
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